U.S. Fed delivers another rate hike; will RBI follow suit?
The RBI is widely expected to raise the policy rate by another 50 bps at its policy meeting at the end of this month
cpi inflation
September 2022
August 2022
July 2022
75.3% capacity utilisation reflects activity in eco: SBI’s Khara
The monetary tightening amid fight against inflation will not affect the credit off-take and investment cycle in the economy, says SBI Chairman Dinesh Khara.
Food export curbs to soften inflation in weeks, months: FinMin
Inflation based on retail CPI recorded a moderate increase from 6.71% in July to 7.0% in August. The increase is attributable both to an adverse base effect and an increase in food and fuel prices.
Retail inflation rises back to 7% in August
India’s retail inflation remains above the central bank’s upper tolerance band of 6% for the eighth straight month now.
Ukraine war, inflation, rate hike unlikely to derail Indian economy: Moody's
Moody's retains its sovereign rating for India at Baa3 with a stable outlook.
GDP: Inflation, rural wage stress leave a gaping hole in consumption story
Economists point out to the rural stress and high inflation having a bearing on the consumption story in the economy.
Wholesale inflation eases to 13.93% in July
Commerce ministry says wholesale inflation contributed by rising prices of mineral oils, food articles, crude petroleum & natural gas, basic metals, etc; in double-digit since April 2021
MPC meet: RBI hikes repo rate by 50 bps to 5.4% to tame inflation
The 3rd hike in a row pushes the key policy rate to the pre-pandemic levels; RBI's FY23 forecast on inflation and GDP remains unchanged at 6.7% and 7.2%, respectively
Inflation at 5% by Mar ’23, stagflation more likely than recession: SBI
In recent months, demand-led CPI inflation has moved up a bit, while supply-led CPI inflation continues to moderate, SBI says.
Retail inflation eases to 7.01% in June, industrial output grows 19.6% in May
Rural inflation increased marginally to 7.09% in June from 7.08% in May, while urban inflation saw a sharp downturn to 6.92% during the month.
